Brazilian stock exchange Hashdex to list world’s first DeFi ETF in February
Hashdex, a worldwide crypto asset management, has announced the acceptance of the first DeFi exchange-traded fund in the world (ETF). On February 17th, the ETF will be launched on the Brazilian stock exchange , B3, with the ticker name DEFI11. Twelve assets shared in three sub-portfolios Crypto ETFs are investment vehicles registered on stock exchanges that […]
NGRAVE crypto wallet raises $6 million in new funding series
NGRAVE, a company that makes bitcoin hardware wallets, said today that it has raised $6 million in venture investment. Several well-known DeFi and Web3 investors, including Woodstock Fund, Morningstar Ventures, DFG Group, Spark Digital Capital, Moonrock Capital, Mapleblock Capital, and other angel investors, participated in the investment round. NGRAVE’s worldwide reach to be financed The $6 […]
USDC ranks second on the Ethereum network for the first time
USDC currently has a total quantity of 45.7 tokens spread across 21 chains or layer-two solutions. Circle’s latest milestones Circle’s USD Coin (USDC) has surpassed Tether (USDT) in total supply on the Ethereum network, marking a huge milestone. As of this writing, USDC has a supply of 40.06 billion tokens on Ethereum, barely ahead of […]
UK to put strict restrictions on deceptive crypto ads
The UK Treasury’s move to regulate crypto advertising as other financial goods aims to reduce the danger of investors being duped or misled. UK’s crackdown on misleading crypto adverts The UK Treasury stated on Tuesday that it intends to regulate cryptocurrency commercials in the same way that it regulates other financial products, ensuring that ads […]
Fintech startup Milo becomes first to offer crypto-mortgages to its subscribers
Fintech startup Milo to offer 30-year ‘crypto-mortgages’ to its subscribers A fintech company behind the first ‘crypto mortgage’ sees a multibillion-dollar market in allowing borrowers to promise their bitcoin in exchange for access to the real estate market. It claims that their 30-year, low-interest-rate US crypto mortgage allows qualified borrowers to hold bitcoin while purchasing […]